ITM Itm Power Plc

49.44

-1.51 (-2.96%)

01 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Itm Power Plc	LSE:ITM	London	Ordinary Share	GB00B0130H42	ORD 5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-1.51	-2.96%	49.44	49.60	49.90	50.65	49.20	49.20	1,103,360	16:35:13

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Electrical Machy, Equip, Nec	5.23M	-101.2M	-0.1641	-3.04	307.82M

ScottishPower, BOC, ITM Propose to Deploy U.K.'s Largest Hydrogen Electrolyzer in Glasgow

12/04/2021 8:57am

Dow Jones News

Itm Power (LSE:ITM)
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From May 2019 to May 2024

By Jaime Llinares Taboada

ITM Power PLC said Monday its partnership with ScottishPower and BOC has made a planning application to site a 20-megawatt hydrogen electrolyzer at the Whitelee wind farm, near Glasgow.

This would be the U.K.'s largest electrolyzer facility, and the proposed capacity doubles the previously planned scale in response to market demand, ITM said.

The project aims to supply hydrogen to the commercial market before 2023. It will be engineered and operated by BOC, using wind and solar electricity produced by ScottishPower, and incorporates an electrolyzer to be delivered by ITM, it said.

A decision on the planning application for the electrolyzer is expected by the end of autumn 2021, ITM said.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

April 12, 2021 03:42 ET (07:42 GMT)